Don’t miss the latest developments in business and finance.

April core wholesale inflation eases further - analysts

Image
Reuters MUMBAI
Last Updated : May 14 2013 | 12:40 PM IST

MUMBAI (Reuters) - India's core wholesale price index in April was estimated to have risen 2.77 percent from a year earlier, showing inflation has eased from the annual 3.5 percent rate in March, according to a Reuters snap survey of three analysts and traders on Tuesday.

Data earlier showed the broader wholesale price index rose 4.89 percent last month, well below market expectations of 5.50 percent.

(Reporting by Mumbai treasury and markets teams; Editing by Anand Basu)

Also Read

First Published: May 14 2013 | 12:19 PM IST

Next Story